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Long Lake to buy Amex GBT for 6.3 billion in AI travel bet
Technology
Published on 4 May 2026
Deal hinges on how AI will reshape corporate trips
Investment firm Long Lake is set to acquire American Express Global Business Travel for $6.3 billion in an all-cash deal, signaling fresh momentum in dealmaking. The company’s pitch is to use artificial intelligence to transform how corporate travel is planned and managed. The acquisition is expected to close in the second half of 2026.
- Long Lake agreed to buy Amex GBT for $6.3 billion
- The deal is all-cash, indicating strong execution confidence
- Long Lake plans to deploy AI across corporate travel workflows
- Closing targeted for the second half of 2026
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times